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2000 Session

Budget Amendments - SB30 (Conference Report)

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VA Water Facilities Revolving Fund (language only)

Item 415 #13c

Item 415 #13c

Natural Resources
Environmental Quality, Department of

Language
Page 298, after line 41, insert:
"D.  As a condition of this appropriation, the State Water Control Board shall not approve the use of debt to match federal dollars for the Virginia Water Facilities Revolving Fund without the prior express approval of the Governor and the General Assembly."


Explanation
(This amendment prohibits the Board to use the proceeds from leveraged financing as state match to federal Clean Water moneys unless the Governor and the General Assembly first approve the action.)